Taking profit by short sellers cause a little bounce. Not real demand. I agree with u.
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PROFESSOR MIKE OFFiCIAL
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BearishGuys, don’t enter any long positions on $BTC or on any hot coin as long as Bitcoin remains under this strong trendline rejection. The structure is still clearly bearish, and every bounce is getting sold off aggressively.
Until $BTC breaks above this trendline with solid confirmation, the market will continue facing pressure. Any early long entry right now can trap traders badly, especially when momentum is still on the downside.
Stay patient and avoid unnecessary risks. Wait for a clean breakout before thinking about longs. For now, caution is the best strategy.
#PowellRemarks #CryptoIn401k
Until $BTC breaks above this trendline with solid confirmation, the market will continue facing pressure. Any early long entry right now can trap traders badly, especially when momentum is still on the downside.
Stay patient and avoid unnecessary risks. Wait for a clean breakout before thinking about longs. For now, caution is the best strategy.
#PowellRemarks #CryptoIn401k
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